Cities with the most expensive homes in the Kennewick metro area
Cities with the most expensive homes in the Kennewick metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Kennewick metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Connell, WA
- Typical home value: $311,548
- 1-year price change: +5.6%
- 5-year price change: +56.4%
#8. Prosser, WA
- Typical home value: $377,999
- 1-year price change: +3.0%
- 5-year price change: +43.5%
#7. Benton City, WA
- Typical home value: $399,222
- 1-year price change: +2.8%
- 5-year price change: +56.8%
#6. Pasco, WA
- Typical home value: $410,193
- 1-year price change: +4.1%
- 5-year price change: +59.2%
#5. Kennewick, WA
- Typical home value: $418,745
- 1-year price change: +3.3%
- 5-year price change: +46.9%
#4. Richland, WA
- Typical home value: $458,819
- 1-year price change: +2.2%
- 5-year price change: +44.2%
#3. West Richland, WA
- Typical home value: $488,880
- 1-year price change: +1.7%
- 5-year price change: +44.4%
#2. Mesa, WA
- Typical home value: $558,970
- 1-year price change: +2.7%
- 5-year price change: +55.0%
#1. Eltopia, WA
- Typical home value: $690,094
- 1-year price change: +5.2%
- 5-year price change: +57.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
